News
In 10th year Craggs looks to greener future
October sees business and residential fuel supplier, Craggs Energy, celebrating its 10-year anniversary.
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News
New wholesale manager to drive fuel growth
A promotion for Geoff Henderson of Philips 66 Ltd sees him move to the role of wholesale business manager with immediate effect.
News
Report highlights industry’s net zero role
Following the publication of the Government’s Net Zero Strategy, an industry report due to be published today says that the unique experience and developed technologies of the UK oil and gas industry give it an essential role in leading the way to a low carbon future.
News
Phasing out fossil fuel in home heating
After almost a year of delays, the UK Government has published the long-awaited Heat and Buildings Strategy outlining plans to decarbonise heat and buildings. With the sector contributing 21% of UK emissions, this landmark document and associated consultations will shape the future of the home heating industry.
Opinion
More carbon capture cluster projects needed
Responding to the UK Government’s announcement on the selected carbon capture and storage ‘cluster’ projects to be taken forward for Track 1 negotiations for deployment in the mid-2020s, OGUK has underlined that the UK will need all of the proposed cluster projects – and more – if it is to achieve net zero carbon emissions by 2050.
News
Associations push for more from strategy
In a joint statement issued today UKIFDA and OFTEC welcome support for low-carbon liquid fuels in the newly published Heat and Buildings Strategy but also push for an extension of the incentives for renewable liquid fuels, beyond aviation and road transport, to include off-grid home heating and removal of all existing European created import tariffs. The full statement follows:
Opinion
OGUK responds to UK Net Zero Strategy
Responding to the UK Government’s publication of its Net Zero Strategy, OGUK has said it is “a big day for net zero and how we produce cleaner energy”.
News
Prax appointment brings wealth of knowledge
In a move that brings a wealth of fuel industry knowledge to the company, The Prax Group has appointed Mark Amor as managing director, UK Downstream.
News
Fuel supply expansion for Scotland refinery
announced a multi-year agreement for sole access to the ASCO UK Aberdeen Inland Terminal that expands the fuel supply footprint of Scotland’s only refinery.
Interview
Preparing for the red diesel rebate changes
With the changes to red diesel entitlement coming up next April, and ahead of a broader analysis of the impact on the industry and your customers in the November issue of Fuel Oil News magazine, we speak with David Bryce, area sales manager at the IPU Group.
Opinion
Funding will accelerate alternative fuels
Logistics UK calls for increased funding from the government to recognise the vital role of the logistics industry in the post-pandemic economic recovery and the net zero transition. The call for additional investment was in response to the government’s Comprehensive Spending Review with the association also calling for a freeze on fuel duty to encourage uptake of alternative fuels options.
News
Crucial future role for tank storage
The UK’s leading event for the bulk storage and energy infrastructure sector, the Tank Storage Conference and Exhibition, returned for its twentieth edition at the Coventry Building Society Arena in September with an emphasis on the vital future role the sector has to play.
Wholesale Price Movements & Price Totem
Wholesale Price Movements & Price Totem | Oct 2021
Market Report
Hurricane Ida – Why the Impact Has Been a Storm in a Teacup Compared with Katrina | Oct 2021
The initial impact of both events on oil and gas infrastructure was very similar, with huge swathes of both offshore and onshore production being taken out of action. Yet, when it came to prices, there were no similarities, with oil markets in September 2005 behaving in an entirely different way to September 2021.
Opinion
VAT deal secures Stanlow refinery production
A lifeline, in the form of a phased tax payment deal, has been thrown to Essar Oil UK allowing it to keep producing as the UK struggles with supplies at fuel stations after a panic-driven buying frenzy.
News
Recognition for lead on fuel transition
Crown Oil is celebrating after its commitment to reducing greenhouse gas emissions secured a top industry award. The Bury-based fuel supplier was crowned the winner of the UKIFDA prestigious Green Award for 2021 – an award that recognises and rewards those in the liquid fuel industry that are leading the way in sustainability and environmental performance.
Opinion
Are you liable for missed deliveries?
The current shortage of HGV drivers is well documented. A combination of Covid, Brexit and other factors has meant that there are simply not enough drivers to meet UK demand.
Opinion
Fuel crisis proves that supply trust is vital
Panic-buying fuel in large quantities will only cause further disruption to supply chains and production inefficiencies, say experts at Bayes Business School (formerly Cass), commenting on the current chronic shortages of fuel at the pumps amidst panic buying and delivery issues.